Everton announced a club record £75.7 million turnover last season, reports the Liverpool Echo. Toffees revenues for the year ending May 31, 2008 increased by 47% on the previous year.

And chairman Bill Kenwright said: "We have laid claim to a Champions' League berth already during David Moyes' tenure and we shall strive to do it again.

"That is what all of us want - that remains our primary, non-negotiable objective."

The increase in revenue was largely due to runs in the UEFA Cup and Carling Cup, increased sponsorship revenue and a further increase in broadcast revenue from the enhanced Premier League broadcasting deal.

Everton made an operating profit before player trading of £6.8m compared to a loss of £0.5 million in the prior year.